While belt-tightening is indeed required cutting too fast would tip the West back into slump and kill tax revenues, solving nothing – a risk that austerity priests rarely acknowledge. Pacing is everything. Words: 620
Read More »Stocks are Now Overbought, Overvalued and on Borrowed Time: Credit Suisse
The cards may be stacked against equities in 2010. After one of the most spectacular rallies in the history of the equity markets from its March, 2009 low stocks are now arguably overbought, overvalued and on borrowed time Words: 773
Read More »"SuperCycles: The New Economic Force Transforming Global Markets and Investment Strategy": A Book By Arun Motianey (+2K Views)
Motianey is an engaging writer and “Supercycles” should be considered a must read for economic junkies. His ideas are fresh and innovative and he attempts to avoid the dogma that frequently leads those in the profession astray. Words: 700
Read More »The Devil’s Advocate Gives 4 Reasons NOT to Buy Gold (+2K Views)
In the contrarian spirit of playing devil’s advocate four reasons are put forth as to why you shouldn’t buy gold today. Words: 553
Read More »The ‘Smart’ Money is Replacing ‘Magic’ Money With ‘Real’ Money. What About You? (+2K Views)
We are currently about one year into a two year grace period before people will begin to realize that their money isn’t 'real' but simply 'magic' money. In the meantime the 'smart' money is buying up hard assets like gold, knowing that it is the only form of money that isn’t simultaneously someone else’s liability and, unlike 'magic' money, can’t be created out of thin air. Words: 785
Read More »Deflation: A Threat to the U.S. Economy? (+2K Views)
Policies aimed at countering a fall in prices, which are supposedly aimed at fighting deflation, do nothing more than provide support for nonproductive activities and delay the chances for a durable economic recovery. Words: 1586
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